When Buccellati was acquired by Richemont in 2019, the brand had a total of 28 boutiques worldwide. As of March 31, 2024, Buccellati operates 48 boutiques globally.
The total sales of the jewelry brand divisions, including Buccellati, Cartier, and Van Cleef & Arpels, increased by 6%, surpassing the €14 billion mark.
During discussions with Luxe.CO, numerous brand executives emphasized the crucial role of the Chinese market in their brands’ global strategy.
The Buccellati family is still 100% involved in all aspects of the brand today, which precisely constitutes the uniqueness of the brand in the field of high-end jewelry.
Based on data from Luxe.CO Tong, Luxe.CO Intelligence has exclusively created four charts to provide insights into the significant trends of luxury brands in Hangzhou over the past year.
The Richemont analyst conference provided a wealth of valuable insights and disclosures.